Crude Oil · Physical Market
Azeri Light Crude Oil Price Today — FOB Ceyhan
Daily Azeri Light FOB Ceyhan assessments in USD/bbl, with price history, BTC Dated differential and indicative delivered cost to the Mediterranean.
-8.26 USD/bbl · -7.01%
CS Range: $108.84–$110.01
2 Nov 2026 · London 16:30 · 10–30 days forward
FOB Ceyhan
vs BTC Dated strip$0.42/bbl
Published FOB netback. The midpoint is anchored to this source value; it is not a directly observed FOB transaction.
Azeri Light price history
FOB Ceyhan assessments · USD/bbl
USD/bbl · Calendar gaps are not interpolated.
Premium / discount to BTC Dated strip
$0.42/bbl
Differential history
USD/bbl · Calendar gaps are not interpolated.
Indicative delivered cost
Indicative delivered costs in USD/bbl, not published CIF.
Indicative delivered cost
Ceyhan → Mediterranean
Aframax 80kt · Regional freight proxy
$127.84 /bbl
30 Oct 2026
| FOB Azeri Light | $117.68 |
|---|---|
| Ocean freightRegional freight proxy | $10.09 |
| Base cargo insuranceModel assumption | $0.07 |
| Indicative delivered cost | $127.84 |
FOB vs delivered cost
- Azeri Light FOB
- Indicative delivered cost
USD/bbl · Calendar gaps are not interpolated.
Delivered cost change +$3.87/bbl29 Oct 2026 → 30 Oct 2026 · Crude +3.98 · Freight -0.11
Market context
Azeri Light Aframax fell $8.26/bbl on 2 Nov 2026 to $109.42/bbl, while its premium to BTC Dated strip narrowed to $0.42/bbl. Delivered cost to Mediterranean increased by $3.87/bbl, with freight contributing −$0.11/bbl.
Data basis
FOB Ceyhan assessment · London 16:30 · 10–30 days forward. Methodology →
Data details
- Crude assessment cargo basis
- Aframax · 650,000 bbl
- Delivery scenario cargo basis
- Aframax 80,000 mt
- Evidence
- Published FOB netback
History uses immutable published records. Gaps remain visible and are not interpolated.
Indicative delivered cost is a scenario for a supported destination and vessel. Full component provenance lives in the Delivered Cost Monitor.